Cheap Apartments for Rent in Waverly, TN from $500 (6 Rentals)
Search the lowest-cost Apartments available for rent right now in Waverly.

Avondale Park

Walnut Street Apartments

Riverwalk 803
Waverly, TN Local Guide

How much does it cost to rent an apartment in Waverly?
Bedroom | Average Rent | Cheapest Rent | Highest Rent |
---|---|---|---|
Waverly Studio Apartments | $903 | $845 | $1,145 |
Waverly 1 Bedroom Apartments | $1,108 | $750 | $2,355 |
Waverly 2 Bedroom Apartments | $1,361 | $789 | $1,867 |
Waverly 3 Bedroom Apartments | $1,480 | $725 | $1,750 |
Waverly 4 Bedroom Apartments | $1,310 | $639 | $1,742 |
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Waverly, TN Local Guide
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Cheapest Available Waverly Apartments for Rent and Nearby
 The cheapest available apartment rental in Waverly, TN is a Studio unit found at Walnut Street Apartments priced from $845. Village Square has the second lowest priced unit, which is a 1 Bed apartment currently listed from $875. Here is today’s list of the most affordable Waverly apartments for rent:
Apartment Listing | Model Name | Bed/Bath | Priced From |
---|---|---|---|
Walnut Street Apartments | Efficiency | Studio,1BA | $845 |
Village Square | 1 Bedroom | 1BR,1BA | $875 |
Riverwalk 803 | E1 | Studio,1BA | $899 |
Best Value Apartments for Rent in Waverly, TN and Nearby
As of April 08, 2025 the best value apartment in the Waverly area is the $1.00 price per square foot 4 Beds, 2.5 Baths Model at West Winds in the starting from $2,000. The second greatest value Waverly apartment is the 3-Bedroom Model at Lotus Apartments at Peachers Mill starting at $1,295 with a $1.08 price per square foot . Here is today’s list of the best values for Waverly apartments based on price per square foot:
Apartment Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
---|---|---|---|
West Winds | 4 Beds, 2.5 Baths | 4BR,2.5BA | $1.00 |
Lotus Apartments at Peachers Mill | 3-Bedroom | 3BR,2BA | $1.08 |
Cumberland Ridge | The Austin | 2BR,2BA | $0.98 |
West Fairfield Place | 2BR/1.5BA | 2BR,1.5BA | $0.87 |
The Landings at Riverside | 2 Bed / 1.5 Bath TH Reno | 2BR,1.5BA | $1.14 |
Post Edge | 2 Beds, 1.5 Baths | 2BR,1.5BA | $1.12 |
Fox Creek Apartments | 2BR/1.5BA | 2BR,1.5BA | $0.97 |
Hunter Chase | 2 Bed 1 Bath | 2BR,1BA | $1.01 |
The Bluffs over Cumberland | 2 Bed 1 Bath | 2BR,1BA | $1.16 |
Main 608 | B1 Two Bedroom/Two Bath Traditional | 2BR,2BA | $0.92 |
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Getting Around Waverly, TN
Walk Score®
26 / 100
Car-Dependent
Most errands require a car
Bike Score®
24 / 100
Somewhat Bikeable
Minimal bike infrastructure
What Are Walk Score®, Transit Score®, and Bike Score® Ratings?
- Walk Score® measures the walkability of any address.
- Transit Score® measures access to public transit.
- Bike Score® measures the bikeability of any address.
Frequently Asked Questions about Cheap Waverly Apartments
What is the Cheapest Studio apartment in Waverly?
Currently the most affordable Cheap Studio Apartment in Waverly is at Walnut Street Apartments listed at $845.
How much is rent for a Cheap One Bedroom Waverly Apartment?
The lowest price for a Cheap One Bedroom Waverly Apartment is $875 at Village Square.
What is the lowest price for a Cheap Two Bedroom Waverly Apartment for rent?
Today's best deal for a Cheap Two Bedroom Apartment in Waverly is starting from $950 at Avondale Park.
What is the most affordable Waverly Three Bedroom Apartment?
The best deal on a cheap Waverly Three Bedroom Apartment rental is at Avondale Park and starts from $995.
Expert Rental Resources
Helpful Apartment Articles, How-To's and Tips
The rental experts at ApartmentHomeLiving.com provide you with top advice, tools, and tips for understanding the leasing process and finding the perfect rental. Here are a few helpful rental and leasing articles from our experts to guide you on your search.

Understanding Amenity Fees: Know Where You Might Be Able to Save Money
Written by: Amber Kanuckel
With the rising costs of housing, a lot of renters are asking this question: Is it possible to opt out of various amenities that your rental property offers so that you can avoid paying the fees.

Renting Smart: Lease Basics Every Renter Needs
Written by: Christine Leonard, Esq.
Often, in the excitement of finding a new place to live, there’s a rush to make it happen, and - too often - a new tenant signs a lease without reading it carefully.

Battling the Butts: Your Guide to the Reality of Smoke-Free Renting
Written by: Andrea Lee Negroni, JD
While many apartment buildings are “no smoking” properties, it’s hard to know exactly how many. In 2017, the National Apartment Association reported more than half of rental properties had smoke free policies.

How Your Move-In Inspection Can Protect Your Security Deposit
Written by: Christine Leonard, Esq.
If you’re anything like most people, housing costs represent a huge chunk of your monthly budget. On top of that, moving can be both a stressful and expensive affair.